Get the answers you need at Westonci.ca, where our expert community is dedicated to providing you with accurate information. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

X Y and Z are partners sharing profits in 5 3 2 ratio from 1st January 2016 they decide to share profits and losses in 2 5 3 ratio the Goodwill is valued at 54000 at the time of change give the necessary single adjusting entry to record the above transaction​